CAclubindia Articles

Due Date Calendar February 2025

CS Divesh Goyal 10 February 2025 at 09:37

Due Date Calendar for the m/o February 2025

Old vs. New Tax Regime: Which One is Better for You After Budget 2025?

FCS Deepak Pratap Singh 10 February 2025 at 08:47

The Union Budget 2025 has brought cheers on the face of the middle class and crores of people. Because you need not pay any tax if you are earning an aggregate of Rs. 12 Lakhs or less during financial year on fulfillment of some terms and conditions.

Income Tax Exemption 2025 for Salaried Individuals: How to Maximize Your Savings

Ishita Ramani 10 February 2025 at 08:47

Income tax exemption is a treasured tool for salaried individuals to lessen their taxable profits and maximize savings. The Income Tax Exemption 2025 provisions provide diverse deductions and exemptions designed to ease the tax burden on taxpayers.

From Parliament House to Fort

Affluence Advisory 10 February 2025 at 08:47

The Government Budget was fiscally prudent and has not deviated from fiscal consolidation and its target. This budget has been cheered by tax-paying individuals, but the markets have given it a neutral view.

RBI Cuts Repo Rate by 25 bps to 6.25%: Implications for the Economy

CA Aman Rajput 08 February 2025 at 08:50

The Reserve Bank of India have announced a 25 basis points cut in the repo rate, bringing it down to 6.25% from 6.5%, this even resulted a fall in stock market...

LLP vs Pvt. Ltd: Registration Process and Compliance Comparison

Ishita Ramani 08 February 2025 at 08:49

Choosing between a Limited Liability Partnership (LLP) and a Private Limited (Pvt Ltd) Company is critical for entrepreneurs.

FAQs on Principal Purpose Test (PPT) and Recent Clarifications by CBDT

CA Rohit Sonar 08 February 2025 at 08:49

The Principal Purpose Test (PPT) is a provision under the Multilateral Instrument (MLI) to prevent treaty abuse and aggressive tax planning practices. It aims to ensure that treaty benefits are granted only when the principal purpose of a transaction or arrangement is genuine and not merely to obtain treaty benefits.

What is Book Identification Number in TDS?

CA Aman Rajput 08 February 2025 at 08:49

The Book Identification Number, also called BIN, is a unique reference number generated by the Pay & Accounts Office, District Treasury Office, or Cheque Drawing & Disbursing Officer when filing Form 24G, which is used by government deductors for depositing TDS/TCS to track Tax Deducted at Source and Tax Collected at Source payments made by government offices without the challans.

Income Tax Calculator for FY 2025-26

Benny Thadathil 07 February 2025 at 08:46

A major change introduced in the Finance Bill 2025 is restructuring the New Income Tax regime to provide more take-home to salaried employees and encourage them to spend or invest further

An Overview of Real Estate (Regulation and Development) Act (RERA), 2016

CA.Sangam Aggarwal 07 February 2025 at 08:45

An Overview of Real Estate (Regulation and Development) Act (RERA), 2016IntroductionIn today’s world, every person purchase immovable property from Real